Producer prices in Lithuania tumbled 15.5 percent year-on-year in April of 2020, after an 8.9 percent drop in the previous month. This was the third straight yearly decrease in producer prices and the steepest since October 2009. On a monthly basis, producer prices fell 5.3 percent, after a 7.3 percent decline in the previous month.

Producer Prices Change in Lithuania averaged 3.08 percent from 1998 until 2020, reaching an all time high of 26.20 percent in July of 2008 and a record low of -19.50 percent in September of 2009. This page provides - Lithuania Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Lithuania Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistics Lithuania

Producer Prices Change in Lithuania is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Lithuania to stand at 3.20 in 12 months time. In the long-term, the Lithuania Producer Prices Change is projected to trend around 3.30 percent in 2021, according to our econometric models.

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Producer prices in Lithuania dropped 3.4 percent year-on-year in September 2019, the same pace as in the previous month. This was the fourth consecutive decline in producer prices, remaining the steepest drop since August 2016, as cost fell further for both electricity, gas, steam and air conditioning supply (-6.9 percent vs -5.1 percent in August) and water supply, sewerage, waste management and remediation activities (-7.0 percent vs -5.0 percent). Also, prices of mining and quarrying slowed (0.6 percent vs 2.1 percent). Meanwhile, cost went down less for manufacturing (-3.1 percent vs -3.3 percent). On a monthly basis, producer prices rose 0.5 percent, rebounding from a downwardly revised 1.3 percent decrease in the prior month.

2019-10-09

Lithuania Producer Prices Fall for 3rd Month

Producer prices in Lithuania fell 3.5 percent year-on-year in August 2019, after a downwardly revised 1.5 percent drop in the previous month. This was the third straight month of decline in producer prices, as cost continued to fall for manufacturing (-3.5 percent vs -1.5 percent in July) and electricity, gas, steam and air conditioning supply (-5.3 percent vs -2.1 percent). Meanwhile, water supply, sewerage, waste management and remediation activities dropped at a softer pace (-5.0 percent vs -7.0 percent) while mining and quarrying cost went up faster (2.1 percent vs 1.1 percent). On a monthly basis, producer prices dropped 1.4 percent, following a 0.3 percent rise in June.

2019-09-10

Lithuania Producer Prices Fall the Most Since 2016

Producer prices in Lithuania fell 1.6 percent year-on-year in July 2019, after a 0.8 percent drop in the previous month. This was the second straight month of decline in producer prices and the steepest fall since August 2016, as cost fell more than a month earlier for: manufacturing (-1.5 percent vs -0.8 percent in June); electricity, gas, steam and air conditioning supply (-2.9 percent vs -1.9 percent), and water supply, sewerage, waste management and remediation activities (-7.0 percent vs -6.1 percent). By contrast, cost of mining and quarrying went up faster (1.1 percent vs 1.0 percent). On a monthly basis, producer prices went up 0.3 percent, following a 2.8 percent fall in June.

2019-08-09

Lithuania Producer Prices Change

Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.